Accelerating a Real Economy-led Recovery session – World Economic Forum 2021

Despite the fact that in 2021, the world’s leading economic forum was held online for the first time, around 1,500 people from 70 countries took part in it. Entitled “The Great Reset”, the 2021 World Economic Forum (WEF) meeting was devoted to the topic of digitisation and sustainable and inclusive development.

Mr Benedikt Sobotka, Chief Executive Officer of ERG, spoke at the session “Accelerating a Real Economy-led Recovery”. The participants spoke about the impact of the pandemic on the work of businesses across many sectors, including construction, mining and metallurgical complex and other sectors.

“In 2020, we were less affected by the crisis than companies in many other industries as we have been working remotely and digitally. We have put systems in place early to respond to the crisis, as we were aware of our responsibility to the host communities in the regions where we operate,” said Mr Sobotka. “Another thing that became obvious in 2020 was that there was an irreversible trend towards low-carbon economy. We see a great future in this regard.”

Mr Sobotka also noted, “We must invest more in physical assets. We have to be able to produce more, invest more, and coach our employees better so that they are ready for the challenges in future workplaces. We have a great responsibility to provide economic stimulus. We have to work closely with governments for that stimulus to have maximum effect in our regions of presence.”

The session was also attended by the heads of companies such as North Solutions, OC Oerlikon Management AG, Saudi Basic Industries Corporation (SABIC) and Limak Holding.

Watch the video recording of the session.